Real Estate Investor · Birmingham, AL · Member since 2013 · 35 posts · 7 votes
These are 2 Apartment Buildings, 1 4plex and 1 6plex. 10 units total.
Total Rent- $3435/month, $41,220/year
Total Taxes- $ 1753/year
Insurance- $3062/year
Management Fee- 10%
Total Sales Price- $199,000
Most of these units have very long term tenants. The rents are below market, but could be increased over time. The apartments have been very well taken care of and most units are relatively clean and tidy. All units are 2 bedrooms, 1 bathroom.
Interior and Exterior photos of each unit available upon request.